# India Pesticides share price today (India Pesticides Ltd, NSE: IPL) > India Pesticides share price today: ₹115.40 at the NSE close on 3 November 2026, down 39.2% in a year. India Pesticides (NSE: IPL) is worth ₹1,325 crore, trades at a P/E of 12.3 and has closed between ₹112.60 and ₹188.05 over the past 52 weeks. > India Pesticides Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. IPL · Pesticides/Agrochemicals · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/india-pesticides-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Slowing from a peak, from the last 12 quarters - Price: ₹115.40 (−39.2% in a year) - P/E: 12.3× (lower than 100% of the last 5.3 years) - Revenue (Jun 2026): ₹252 Cr (−8.4% on a year ago) - Profit (Jun 2026): ₹23.0 Cr (−34.3% on a year ago) - Operating margin: 14.0% (−2.0 points on a year ago) - ROCE: 17%, FY26 - ROIC: 9.9%, against a 12.0% cost of capital: −2.1 points The main question: yearly earnings per share moved +45.7% while the share price moved −39.2%. ## What is the India Pesticides share price today? India Pesticides Ltd's share price was ₹115.40 at the close on 3 November 2026. It has been falling for 49 weeks. That is 23.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹113 and ₹188, and at that close it sat 4% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running. Over the last 5.3 years the share price moved −66% while the NIFTY 500 moved +60%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at India Pesticides this quarter? Three changes stood out: revenue fell in the June 2026 quarter, profit fell in the June 2026 quarter and foreign funds (FIIs) cut their stake for 4 quarters in a row. 1. Revenue fell in the June 2026 quarter Revenue was ₹252 crore, -8.4% on a year earlier (₹275 crore), after 8 quarters of growth. Why: Revenue fell because domestic paddy demand was weak after erratic rain delayed sowing and damaged crops. That hurt sales of Pretilachlor, its key paddy product. Next results: check whether the expected Q3 and Q4 pickup shows up in sales. From the earnings call on 13 Aug 2026. 2. Profit fell in the June 2026 quarter Profit was ₹23 crore, -34.3% on a year earlier (₹35 crore), after 5 quarters of growth. Why: Profit fell because sales volume was lower and staff and fuel costs were higher. Next results: check whether the margin stays near 15.5% as management expects. From the earnings call on 13 Aug 2026. 3. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 2.8% to 0.1% of the company by the September 2026 quarter. ## What are India Pesticides' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), India Pesticides reported revenue of ₹252 crore, down 8.4% from ₹275 crore a year earlier, and a profit of ₹23.0 crore, down 34.3% from ₹35.0 crore. ### India Pesticides results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹252 crore | ₹275 crore | −8.4% | | Profit | ₹23.0 crore | ₹35.0 crore | −34.3% | | Earnings per share | ₹1.97 | ₹3.03 | −35.0% | | Operating margin | 14.0% | 16.0% | −2.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). India Pesticides' management discussed these results on a call held on 13 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the India Pesticides share price history? India Pesticides closed at ₹115.40 on 3 November 2026, down 39.2% from ₹189.90 a year earlier (31 October 2025) and down 66.2% over five years. Its highest weekly close since July 2021 was ₹406.55 on 2 February 2024. ### India Pesticides share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹115.85 | −0.4% | | 1 month ago · 1 Oct 2026 | ₹130.50 | −11.6% | | 6 months ago · 30 Apr 2026 | ₹150.45 | −23.3% | | 1 year ago · 31 Oct 2025 | ₹189.90 | −39.2% | | 3 years ago · 3 Nov 2023 | ₹298.40 | −61.3% | | 5 years ago · 4 Nov 2021 | ₹341.85 | −66.2% | | Earliest weekly close in our records · 9 Jul 2021 | ₹344.25 | −66.5% | | Highest weekly close since July 2021 · 2 Feb 2024 | ₹406.55 | −71.6% | | Lowest weekly close since July 2021, also the 52-week low · 30 Oct 2026 | ₹112.60 | +2.5% | | 52-week high (weekly close) · 7 Nov 2025 | ₹188.05 | −38.6% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (284 weekly closes from 9 July 2021 to 3 November 2026.) ## What is the latest news on India Pesticides? 3 Nov 2026: India Pesticides closed at ₹115.40, down 0.4% on the week and down 11.6% on the month. 24 Aug 2026: ex-date for a dividend of ₹0.75 a share. ### Earlier - 13 Aug 2026: India Pesticides held its results call for April to June 2026. Management guided: FY27 revenue growth may be in the lower single digits, with Q3 and Q4 expected to improve. - Results for April to June 2026: Revenue down 8.4% and profit down 34.3% on a year earlier. ## What dividend does India Pesticides pay? India Pesticides paid ₹0.75 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.65% at the ₹115.40 close on 3 November 2026. The last was a dividend of ₹0.75 a share, ex-date 24 August 2026. ### India Pesticides dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 24 Aug 2026 | ₹0.75 | Dividend | | 12 Aug 2025 | ₹0.75 | Dividend | | 12 Aug 2024 | ₹0.75 | Dividend | | 17 Aug 2023 | ₹0.75 | Dividend | | 11 Aug 2022 | ₹0.75 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. India Pesticides Ltd paid out 7% of its profit as dividends in FY26, and it paid a dividend in each of its last 6 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did India Pesticides management say on the latest results call? On the call for April to June 2026, held on 13 August 2026, India Pesticides' management guided: FY27 revenue growth may be in the lower single digits, with Q3 and Q4 expected to improve. > “This is a very difficult question to answer. We are expecting Q3 and Q4 to be better, so growth this year may be in the lower single digits.” > V.K. Jain, on the call for April to June 2026 ### What management guided - FY27 operating margin expected around 15.5%; approximately 18% planned over the next 2-3 years, with at least 15-16% sustainable in weaker conditions. - Hamirpur revenue ₹50-60 crore in FY27; about ₹1,000 crore in 3-4 years through 8-10 blocks. - Annual capital spending: Hamirpur ₹70-100 crore, later described as ₹80-100 crore, plus Sandila ₹25-30 crore; combined spend also described as about ₹100 crore. - FY27 product plan includes three additions; the unnamed Sandila fungicide goals at least 2,000 tonnes against 4,000-5,000 tonnes of imports at ₹500-600/kg, using ₹1-3 crore balancing equipment. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/42999/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 13 August 2026.) ## What to watch in India Pesticides' next results? When India Pesticides reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q3/Q4 topline recovery - check whether seasonal improvement offsets the paddy-demand shortfall. - What to check (from the call) - Q3/Q4 topline recovery - check whether seasonal improvement offsets the paddy-demand shortfall. - Hamirpur priority herbicide block - check commissioning and initial commercial contribution. - EU fungicide commercialisation - check customer source additions and first direct European orders. - Margin sustainability - check whether lower sales absorption eases as inventory normalises and receivables remain stable. ## Which stock lists is India Pesticides on? India Pesticides is on one of our India lists: 52 week high & low. [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) ## Is India Pesticides profitable? India Pesticides Ltd earned ₹23.0 Cr of net profit in the Jun 2026 quarter, −34.3% on the same quarter a year earlier. Full-year FY26 profit was ₹120 Cr. Over 5 years profit has grown −2.3% a year on average. That is 9.1% of the quarter's revenue. The same quarter a year earlier earned ₹35.0 Cr. For the full year, FY26 profit was ₹120 Cr (+46.3% on the year before). Why profit moved: revenue changed −8.4% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +18.4% and revenue +19.4%. Profit and revenue are moving at about the same pace. ## How much revenue does India Pesticides make, and is it growing? India Pesticides Ltd reported ₹252 Cr of revenue in the Jun 2026 quarter, −8.4% on the same quarter a year earlier. Over 5 years it has grown 10.2% a year on average. The last full year, FY26, came in at ₹1,057 Cr. The last four reported quarters add to ₹1,033 Cr. FY26 revenue was ₹1,057 Cr, +27.5% on the year before. Recent pace: the last four quarters grew +19.4% on average, against 10.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +21.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +10.1%, against +30.5% a year (rolling over). ## How much of every ₹100 of sales does India Pesticides keep? India Pesticides Ltd's operating margin was 14.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 6 years it has been between 13.0% and 30.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.3 percentage points on the year while gross margin changed +5.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is India Pesticides' profit turning into cash? Over the last 3 years, 69% of India Pesticides Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹62.0 Cr of operating cash against ₹120 Cr of profit. After ₹91.0 Cr of spending on assets, free cash was −₹29.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 69% of profit came in as cash: the cash cycle got 108 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 108 days longer. The next section looks at where the cash is stuck. ## Where does India Pesticides' cash go? India Pesticides Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 224 days in FY26, up from 116 days in FY21. It spent ₹235 Cr on assets over the last 3 years. Customers take 124 days to pay, and stock sits for 191 days on average. At FY26 sales of ₹1,057 Cr, each day of that cycle ties up about ₹2.9 Cr, so roughly ₹649 Cr is tied up in the business at any time. FY26: customers took 124 days to pay and stock sat for 191 days, about 6.3 months of sales sitting as stock, for a full cycle of 224 days, longer than FY21's 116. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 191 days. Customers pay about 124 days after that. Suppliers are paid at 92 days. Together that makes the 224-day cycle. Spending on assets: ₹235 Cr over the last 3 years, against ₹54.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹68.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is India Pesticides' P/E ratio, and how does it compare with its own history? India Pesticides Ltd's P/E is 12.3×, about the lowest it has ever been. Its usual P/E (the middle reading) is 23.4×, over 5.3 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +45.7% while the price moved −39.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −19.5% a year; about −4.3% a year came from earnings growth and about −15.2 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the India Pesticides business getting better or worse? India Pesticides Ltd's business is slowing from a peak. Profit and EPS growth have slowed sharply (profit growth from +54.7% at its peak to +10.1% now), while ROCE is still 15.8%. This is based on 12 quarters of 4 measures. Why it matters: slowing from a peak is where good stories often end quietly. ## How much does India Pesticides earn on its capital? India Pesticides Ltd earned a ROCE of 17% in FY26. That is up from a low of 11% in FY24. Its return on capital used (ROIC) is 2.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 11.4% net margin and 0.79× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 11.4% net margin × 0.79× asset turnover × 1.32× leverage (assets divided by equity) ≈ 11.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 9.9% − 12.0% = −2.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 9.9% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 11.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does India Pesticides have too much debt? India Pesticides Ltd has total debt of ₹110 Cr against shareholder equity of ₹1,010 Cr as of Jun 2026, so its debt is 0.11× its equity, which is very little. Year by year, that ratio went from 0.04 in FY22 to 0.11 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the India Pesticides shareholding pattern? No group of India Pesticides Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 63.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.2 points over 8 quarters, to 0.1%; Promoters: +0.0 points over 8 quarters, to 63.6%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is India Pesticides from balance-sheet trouble? For India Pesticides Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does India Pesticides rank in its industry? 59.4 out of 100, rank 6 of 25 in Pesticides/Agrochemicals, with 81% of the evidence available. India Pesticides Ltd scores 59.4 out of 100 against the 25 companies it is compared with in Pesticides/Agrochemicals, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 17.6 + 15.4 + 18.2 + 8.2 = 59.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is India Pesticides compared with? India Pesticides ranks 6 of 25 Pesticides/Agrochemicals companies on the 4-Factor Sector Score, with 59.4 out of 100. 1. [Sharda Cropchem Ltd](https://www.sectoralpha.in/stocks/sharda-cropchem-ltd) SHARDACROP · basing · Most evidence points up · 100% evidence 71.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 17.3% · Profit 42.5% · Operating margin change 2 points · 100% evidence Capital efficiency 19.5/25 · ROCE 30.2% · Operating margin 16% · 100% evidence Valuation 19.2/20 · P/E 9.3× · PEG 0.3 · 100% evidence Relative strength 4.6/20 · Lead over its industry -14.3% · Lead over NIFTY 500 -22.1% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.5 + 19.5 + 19.2 + 4.6 = 71.8 · What this means: Earnings are strong; relative strength in its sector is -14.3% and the one-year return is -23.1%. 2. [Titan Biotech Ltd](https://www.sectoralpha.in/stocks/titan-biotech-ltd) turning · Most evidence points up · 83% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 31.8% · Profit 38.7% · Operating margin change 2 points · 83% evidence Capital efficiency 20.2/25 · ROCE 22.8% · Operating margin 21% · 95% evidence Valuation 5.4/20 · P/E 51.8× · PEG n/a · 50% evidence Relative strength 16.7/20 · Lead over its industry 38.3% · Lead over NIFTY 500 25.1% · 1 year 101.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.1 + 20.2 + 5.4 + 16.7 = 70.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Bayer CropScience Ltd](https://www.sectoralpha.in/stocks/bayer-cropscience-ltd) BAYERCROP · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -2.8% · Profit 23.8% · Operating margin change 2 points · 88% evidence Capital efficiency 19.6/25 · ROCE 29.1% · Operating margin 20% · 100% evidence Valuation 13.4/20 · P/E 20× · PEG 1.28 · 100% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.8% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 19.6 + 13.4 + 8.6 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) PUNJABCHEM · quiet · Evidence leans up · 81% evidence 63.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 8.2% · Profit 43.5% · Operating margin change 1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 18.6% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 17.4× · PEG 0.33 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.4% · 1 year -36.4% · 25% evidence · 6 of 12 weeks ahead Exact sum: 24.3 + 13.6 + 15.9 + 9.8 = 63.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) DHARMAJ · losing its lead · Evidence leans up · 81% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 8.7% · Profit 13.2% · Operating margin change 1 points · 88% evidence Capital efficiency 14.7/25 · ROCE 16.8% · Operating margin 15% · 100% evidence Valuation 17.5/20 · P/E 14.3× · PEG 0.38 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 4.7% · 1 year -9.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.8 + 14.7 + 17.5 + 12.2 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. India Pesticides Ltd this page IPL · quiet · Evidence leans up · 81% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 17% · Profit 10.1% · Operating margin change -2 points · 88% evidence Capital efficiency 15.4/25 · ROCE 16.6% · Operating margin 14% · 100% evidence Valuation 18.2/20 · P/E 12× · PEG 0.36 · 100% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -23% · 1 year -40.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 17.6 + 15.4 + 18.2 + 8.2 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ADVANCE · breaking out · Evidence leans up · 64% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 48.4% · Profit 81.5% · Operating margin change 1 points · 88% evidence Capital efficiency 14.1/25 · ROCE 19.6% · Operating margin 11% · 100% evidence Valuation 10.3/20 · P/E 16.3× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry n/a · Lead over NIFTY 500 10.6% · 1 year -8.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 14.1 + 10.3 + 12.4 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dhanuka Agritech Ltd](https://www.sectoralpha.in/stocks/dhanuka-agritech-ltd) DHANUKA · turning · Evidence leans up · 100% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 0% · Profit 0.7% · Operating margin change 0 points · 100% evidence Capital efficiency 19.6/25 · ROCE 25.9% · Operating margin 23% · 100% evidence Valuation 9.2/20 · P/E 14.4× · PEG 2.27 · 100% evidence Relative strength 17.4/20 · Lead over its industry 7.1% · Lead over NIFTY 500 -2.8% · 1 year -28.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.6 + 9.2 + 17.4 = 57 · What this means: Relative strength against the index is -2.8%, and revenue and profit growth are weak. 9. [Jubilant Ingrevia Ltd](https://www.sectoralpha.in/stocks/jubilant-ingrevia-ltd) JUBLINGREA · quiet · Evidence leans up · 93% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 15.4% · Profit 21.9% · Operating margin change 3 points · 100% evidence Capital efficiency 13.6/25 · ROCE 11.4% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 24.7× · PEG 2.26 · 65% evidence Relative strength 8.4/20 · Lead over its industry -2.6% · Lead over NIFTY 500 -11.7% · 1 year -19.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 26 + 13.6 + 6.7 + 8.4 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) MOL · breaking out · Evidence leans up · 64% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue -7.8% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 9.5/25 · ROCE 6.7% · Operating margin 18% · 100% evidence Valuation 9.6/20 · P/E 20.8× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -35% · 25% evidence · 11 of 12 weeks ahead Exact sum: 22 + 9.5 + 9.6 + 11 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) GSPCROP · quiet · Too little evidence to rank firmly · 59% evidence 51.0 out of 100 Growth Capital Valuation Relative 12. [Epigral Ltd](https://www.sectoralpha.in/stocks/epigral-ltd) EPIGRAL · quiet · Evidence leans down · 81% evidence 49.6 out of 100 Growth Capital Valuation Relative 13. [Rallis India Ltd](https://www.sectoralpha.in/stocks/rallis-india-ltd) RALLIS · quiet · Evidence leans down · 85% evidence 48.4 out of 100 Growth Capital Valuation Relative 14. [Bharat Rasayan Ltd](https://www.sectoralpha.in/stocks/bharat-rasayan-ltd) BHARATRAS · quiet · Evidence leans down · 96% evidence 45.3 out of 100 Growth Capital Valuation Relative 15. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) BHAGCHEM · quiet · Evidence leans down · 96% evidence 44.7 out of 100 Growth Capital Valuation Relative 16. [Shivalik Rasayan Ltd](https://www.sectoralpha.in/stocks/shivalik-rasayan-ltd) SHIVALIK · Evidence leans down · 63% evidence 43.9 out of 100 Growth Capital Valuation Relative 17. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) EXCELINDUS · quiet · Evidence leans down · 64% evidence 42.7 out of 100 Growth Capital Valuation Relative 18. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) NACLIND · basing · Evidence leans down · 96% evidence 42.0 out of 100 Growth Capital Valuation Relative 19. [Best Agrolife Ltd](https://www.sectoralpha.in/stocks/best-agrolife-ltd) BESTAGRO · quiet · Evidence leans down · 90% evidence 42.0 out of 100 Growth Capital Valuation Relative 20. [Sumitomo Chemical India Ltd](https://www.sectoralpha.in/stocks/sumitomo-chemical-india-ltd) SUMICHEM · quiet · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative 21. [UPL Ltd](https://www.sectoralpha.in/stocks/upl-ltd) UPL · basing · Evidence leans down · 71% evidence 41.5 out of 100 Growth Capital Valuation Relative 22. [Insecticides India Ltd](https://www.sectoralpha.in/stocks/insecticides-india-ltd) INSECTICID · quiet · Evidence leans down · 96% evidence 40.5 out of 100 Growth Capital Valuation Relative 23. [P I Industries Ltd](https://www.sectoralpha.in/stocks/p-i-industries-ltd) PIIND · quiet · Evidence leans down · 81% evidence 38.3 out of 100 Growth Capital Valuation Relative 24. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ASTEC · quiet · Most evidence points down · 71% evidence 32.7 out of 100 Growth Capital Valuation Relative 25. [Heranba Industries Ltd](https://www.sectoralpha.in/stocks/heranba-industries-ltd) HERANBA · quiet · Most evidence points down · 76% evidence 29.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Pesticides/Agrochemicals](https://www.sectoralpha.in/sectors/pesticides-agrochemicals), all 25 compared on one page. ## Which companies are close to India Pesticides in size? India Pesticides is the 17th largest of 25 Pesticides/Agrochemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bharat Rasayan, Insecticides India and Meghmani Organics. Just below it: Astec Lifesciences, Punjab Chemicals & Crop Protection and Excel Industries. ### Pesticides/Agrochemicals companies close in size 1. [Bharat Rasayan Ltd](https://www.sectoralpha.in/stocks/bharat-rasayan-ltd) ₹1,557 crore 2. [Insecticides India Ltd](https://www.sectoralpha.in/stocks/insecticides-india-ltd) ₹1,511 crore 3. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) ₹1,339 crore 4. India Pesticides Ltd ₹1,297 crore 5. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ₹1,216 crore 6. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) ₹1,166 crore 7. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) ₹1,074 crore [All 25 Pesticides/Agrochemicals companies, largest first](https://www.sectoralpha.in/sectors/pesticides-agrochemicals#all-companies) ### Companies close in size in other industries 1. [Shankesh Jewellers Ltd](https://www.sectoralpha.in/stocks/shankesh-jewellers-ltd) ₹1,300 crore 2. [TAAL Tech Ltd](https://www.sectoralpha.in/stocks/taal-tech-ltd) ₹1,298 crore · IT - ER&D 3. India Pesticides Ltd ₹1,297 crore 4. [Sanghi Industries Ltd](https://www.sectoralpha.in/stocks/sanghi-industries-ltd) ₹1,289 crore · Cement Products 5. [Gujarat Kidney & Super Speciality Ltd](https://www.sectoralpha.in/stocks/gujarat-kidney-super-speciality-ltd) ₹1,288 crore · Hospitals/Medical Services ## What else do people ask about India Pesticides? ### What is India Pesticides's share price today? India Pesticides Ltd's share price is ₹115.40, −39.2% over the past year. The whole company is worth ₹1,325 Cr on the market. In the last 52 weeks it traded between ₹113 to ₹188; today it is 4% of the way up from the low, 23.0% below its 200-day average (as of 3 November 2026). ### What were India Pesticides's latest quarterly results? India Pesticides Ltd reported revenue of ₹252 Cr and net profit of ₹23.0 Cr for the Jun 2026 quarter. Revenue fell 8.4% and profit fell 34.3% compared with a year earlier. Earnings per share were ₹1.97. The operating margin was 14.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is India Pesticides's market cap? India Pesticides Ltd's market capitalisation is ₹1,325 Cr at a share price of ₹115.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is India Pesticides performing? India Pesticides Ltd's share price has been falling for 49 weeks. In its latest quarter, revenue fell 8.4% and profit fell 34.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 20 weeks running (as of 3 November 2026). ### Will India Pesticides's share price go up? This page does not forecast India Pesticides Ltd's share price. What it shows instead: the share price is ₹115.40, and it has been falling for 49 weeks. Its P/E of 12.3× is higher than 0% of its own last 5 years (as of 3 November 2026). ### Who owns India Pesticides? Promoters own 63.6% of India Pesticides Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 36.2% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is India Pesticides in its business cycle? India Pesticides Ltd's FY26 operating margin was 16.0%, against a 6-year range of 13.0% to 30.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 14.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the India Pesticides story? The main question: yearly earnings per share moved +45.7% while the share price moved −39.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is India Pesticides a stock worth studying right now? What the numbers show: India Pesticides Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a India Pesticides share price forecast for 2026? What management itself guided: FY27 revenue growth may be in the lower single digits, with Q3 and Q4 expected to improve. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india This is research, not advice. We’re not SEBI-registered.